Why does your grants program exist, and what do you aim to achieve by it? This is the first thing you need to establish. This early stage is the time to consider high-level questions about your grants program.
You should ask:
You should be able to draw a clear line from your grantmaking organisation, through the purpose and goals of the grants program, to the outcomes on the ground.
It's a good idea to write down the overarching goals of your organisation (or division or department) when you're designing your grants program, along with information about how your grants program connects with those goals. Organisational goals change over time, and in a few years people may well scratch their heads and wonder why the program was ever designed the way it was.
Review the goals of your grants program every time you review your program (at least annually), and every time there is a major change in the organisation, such as a change of government or a major policy review.